Cranbrook 2/50 Bergin Road

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$260,500

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Prime Investment Opportunity in Sought-After Cranbrook

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Attention investors! Presenting a rare opportunity to acquire a well-maintained duplex in the sought-after suburb of Cranbrook. This dual-unit property is perfect for savvy investors looking to capitalize on a strong rental market and secure a steady income stream.
Key Features:
Dual Income Potential: Each side of this duplex offers 2 spacious bedrooms, 1 bathroom, and a single carport, ensuring maximum rental return.
Low Maintenance: With minimal upkeep required, this property is an ideal choice for investors seeking a hassle-free investment.
Prime Location: Situated in a family-friendly neighborhood, the property is close to local amenities, schools, parks, and public transport, making it highly attractive to tenants.
Strong Rental Demand: Cranbrook is a high-demand area for renters, ensuring a low vacancy rate and consistent rental income.
Investment Highlights:
Secure Tenancies: Long-term tenants in place, providing immediate rental income.
Potential for Growth: The property market in Cranbrook is on an upward trend, offering excellent capital growth prospects.
Flexible Options: Investors have the option to rent out both units or live in one while renting out the other, providing flexibility and additional income security.
Financials:
Current Rental Income: $660 per week
Rates and Outgoings: rates approx. $6951 per year (each unit is individually titled)
Building strata insurance $870 per year
Location Benefits:
Proximity to Schools: Close to reputable schools, making it an ideal location for families. The property is also a short drive to the James Cook University, and Townsville University Hospital, making it the perfect rental for University students and hospital workers.
Convenient Shopping: Minutes away from Townsville shopping centre, providing easy access to daily essentials.
Community Amenities: Nearby parks and a few roads back from the Ross River, making for an ideal lifestyle
Don't miss out on this fantastic investment opportunity. For more information, please email Ben Moon: sales1@townsvillecentury21.com.au

Property Features

  • Carports 2
  • Air Conditioning
Century 21 Aaron Moon Realty Aaron Moon Realty
21 Castlemaine Street
Kirwan QLD 4817
PO BOX565, Thuringowa Central QLD 4817  
Phone07 4723 6999  
 
 


Local Information Cranbrook

Education

Nearest Government Schools

  • Cranbrook State School
  • Aitkenvale State School
  • Heatley State School
  • Townsville Community Learning Centre - A State Special School
  • Heatley Secondary College
  • Kirwan State High School

Nearest Private Schools

  • Holy Spirit Catholic School
  • Ignatius Park College
  • Riverside Adventist School
  • Tec-NQ
  • Annandale Christian College
  • Enkindle Village School